Kingsmen Creatives Balance Sheet Health
Financial Health criteria checks 5/6
Kingsmen Creatives has a total shareholder equity of SGD106.4M and total debt of SGD23.2M, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are SGD264.0M and SGD157.6M respectively. Kingsmen Creatives's EBIT is SGD1.5M making its interest coverage ratio 3.7. It has cash and short-term investments of SGD69.8M.
Key information
21.8%
Debt to equity ratio
S$23.23m
Debt
Interest coverage ratio | 3.7x |
Cash | S$69.75m |
Equity | S$106.38m |
Total liabilities | S$157.65m |
Total assets | S$264.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMNC.F's short term assets (SGD208.9M) exceed its short term liabilities (SGD141.2M).
Long Term Liabilities: KMNC.F's short term assets (SGD208.9M) exceed its long term liabilities (SGD16.4M).
Debt to Equity History and Analysis
Debt Level: KMNC.F has more cash than its total debt.
Reducing Debt: KMNC.F's debt to equity ratio has reduced from 29.3% to 21.8% over the past 5 years.
Debt Coverage: KMNC.F's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: KMNC.F's interest payments on its debt are well covered by EBIT (3.7x coverage).